Oak Associates Ltd. OH Makes New $904,000 Investment in Palo Alto Networks, Inc. $PANW

Oak Associates Ltd. OH purchased a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 4,419 shares of the network technology company’s stock, valued at approximately $904,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Whipplewood Advisors LLC increased its holdings in shares of Palo Alto Networks by 6,400.0% during the 2nd quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock valued at $27,000 after purchasing an additional 128 shares in the last quarter. Briaud Financial Planning Inc purchased a new stake in shares of Palo Alto Networks in the second quarter valued at approximately $28,000. MTM Investment Management LLC acquired a new position in shares of Palo Alto Networks during the 2nd quarter worth approximately $31,000. Dagco Inc. purchased a new position in shares of Palo Alto Networks during the 1st quarter valued at approximately $33,000. Finally, WPG Advisers LLC acquired a new stake in Palo Alto Networks in the 1st quarter valued at $37,000. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

PANW has been the subject of a number of research analyst reports. Royal Bank Of Canada upped their price objective on shares of Palo Alto Networks from $232.00 to $250.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 12th. Needham & Company LLC reaffirmed a “buy” rating and issued a $230.00 price target on shares of Palo Alto Networks in a research note on Thursday, November 20th. Barclays lifted their price objective on Palo Alto Networks from $215.00 to $230.00 and gave the stock an “overweight” rating in a report on Monday, November 10th. Evercore ISI increased their target price on Palo Alto Networks from $220.00 to $250.00 and gave the company an “outperform” rating in a report on Thursday, November 13th. Finally, HSBC lowered Palo Alto Networks from a “hold” rating to a “reduce” rating and set a $157.00 price target on the stock. in a research note on Thursday. Thirty analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Palo Alto Networks currently has a consensus rating of “Moderate Buy” and an average target price of $225.09.

Insider Activity

In other Palo Alto Networks news, CAO Josh D. Paul sold 700 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $219.97, for a total value of $153,979.00. Following the transaction, the chief accounting officer directly owned 47,505 shares in the company, valued at $10,449,674.85. The trade was a 1.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Lee Klarich sold 120,774 shares of the stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $191.11, for a total value of $23,081,119.14. Following the completion of the transaction, the executive vice president owned 177,954 shares of the company’s stock, valued at $34,008,788.94. The trade was a 40.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,215,130 shares of company stock valued at $249,031,488 over the last three months. 1.40% of the stock is currently owned by company insiders.

Palo Alto Networks Stock Performance

NASDAQ:PANW opened at $183.89 on Tuesday. The stock has a 50 day moving average price of $208.42 and a 200 day moving average price of $197.40. The stock has a market cap of $128.17 billion, a PE ratio of 116.39, a P/E/G ratio of 4.29 and a beta of 0.95. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $223.61.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings results on Wednesday, November 19th. The network technology company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.89 by $0.04. The business had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.46 billion. Palo Alto Networks had a return on equity of 17.05% and a net margin of 11.69%.The company’s quarterly revenue was up 15.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.56 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.800-3.900 EPS. Q2 2026 guidance at 0.930-0.950 EPS. As a group, analysts predict that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Palo Alto Networks Profile

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.